Indian envoy to US holds talks with Indian delegation to Select USA Summit
Washington DC, May 7
Ambassador of India to the US Vinay Mohan Kwatra held talks with the Indian Business and Startup Delegation participating in the Select USA Summit on Wednesday.
Kwatra underscored their role in achieving India's goal of Viksit Bharat by 2047.
In a post on X, he said, "Delighted to speak with the Indian Business and Startup Delegation participating in the Select USA Summit. Underscored their role in achieving India's goal of Viksit Bharat by 2047 through greater investment in our tech and manufacturing space and positioning India as a reliable node in the global supply chain."
The US Bureau of South and Central Asian Affairs (SCA) announced on Wednesday that India's investments announced at the Select USA Investment Summit are the single largest amount from any country in 2026.
In a post on X, the SCA said, "India is investing in America at Select USA! India-US Historic deals in tech, manufacturing, and pharmaceuticals announced today have unlocked over $20.5 billion in investment. This is a RECORD-BREAKING moment: Indian investments at Select USA 2026 represent the single largest amount from any country in 2026."
"India sends large delegation to SelectUSA with huge results! US Bureau of South and Central Asian Affairs was thrilled to welcome them. This is the U.S.-India partnership in action!"
The US Ambassador to India, Sergio Gor said India invested a record USD 20.5 billion in the United States at the 2026 Select USA Summit.
In a post on X, Gor said, "India goes big at SelectUSA 2026! Celebrating a RECORD $20.5 BILLION of investments in the United States from Indian companies at the 2026 Select USA Summit. The message is clear: it pays to invest in America. Strong markets, trusted partners, and real returns for American workers and communities."
— ANI
Reader Comments
"Viksit Bharat by 2047" sounds great, but I’m a bit worried about brain drain. Our best minds and capital are going abroad instead of staying home and building India. We need to make it easier for startups to grow in India first.
Very interesting to see this level of Indian investment. As a Westerner, I appreciate the partnership, but I hope the Indian delegation also negotiated for easier visa processing for Indian tech workers. A true partnership helps both sides thrive.
Record $20.5 billion? That’s phenomenal! Indian pharma and IT companies have been leading globally for years. If this strengthens supply chain reliability and creates jobs in both countries, it’s a win-win. Fingers crossed for more semiconductor deals. 🤞
This is great for American jobs, no doubt. But I wonder if these investments will actually trickle down to small towns and not just tech hubs like California or Texas. Also, Indian companies need to ensure ethical labor practices in their US operations.
So proud to see India leading at Select USA! But why is this news coming from the US side? I hope our own media and government highlight this more. Also, let’s not forget that domestic manufacturing at home (PLI schemes) is equally crucial for Viksit Bharat. 🇮🇳✨
We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.